President William Samoei Ruto on Tuesday met with the International Finance Corporation (IFC) .
Taking to his social media page, president Ruto said the meeting was aimed to advance plans for the country’s National Infrastructure Fund, aiming to attract both multilateral and private sector investment at scale.
He highlighted the role of IFC’s expertise in helping Kenya establish a credible funding vehicle capable of mobilising KSh 5 trillion to finance ambitious infrastructure projects.
“The IFC will guide us in adopting global best practices, enabling us to accelerate our transformation into a first-world economy,” he said.
The IFC delegation was led by Vice-President for Africa, Ethiopis Tafara, and Vice-President Products and Clients, Mohamed Gouled.
The discussions focused on leveraging international capital and technical expertise to ensure the fund’s effectiveness in supporting Kenya’s long-term development goals.
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